Large Location Icon

120 Spinnaker Cir; Madison, AL Property Details

120 Spinnaker Cir, Madison, AL is a Single Family that was built in 1994. This property is currently Financed and is not for sale. Our records show that 120 Spinnaker Cir has 4 bedrooms, and 1.5 bathrooms, and a total of 1,578 square feet. The lot size of 120 Spinnaker Cir is 18,036 square feet.

Off market
120 Spinnaker Cir Madison, AL 35758
$550,000 Listing Price
4 Beds
1.5 Baths
1,578 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1994
  • Purchase Price: $550,000
  • Open Loans / Balance: 1 / $379,191
  • Est. Equity / %: $184,809 / 32.77%
  • Gross Yield: 8.887%
  • APN: 16-05-22-0-002-009.000
  • Situs County: Madison
  • Length Of Ownership: 2 years, 9 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Building Style: Mixed
  • Stories: 1
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Excellent
  • Roof Type: Gable Or Hip
  • Pool Type: Vinyl In-ground Pool
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,578/SqFt
  • Lot: 18,036/SqFt
  • Living: 1,578/SqFt
  • Building: 1,578/SqFt
  • Ground: 1,578/SqFt
  • Price Per Square Foot: $348.54

Legal Description

  • Description: LOT 11 BLK 2 SPINNAKER RIDGE S/D A RESUB OF LOT 4 BLK 1 OF THE PLAT OF THE S/D EDGEWATER PB 18 PG 23
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Madison City School District
  • Lat / Lon: 34.671818 / -86.727875
  • Subdivision: Spinnaker Ridge S/D
  • Property Class: Residential
  • County Use Code: 111

Amenities

  • Pool: true
  • Plus Four: 7900
  • Bathroom Fixtures: 6
  • Cooling: Yes
  • Fireplaces: 1
  • Heating: Forced air unit

HOA

  • H O A One: $550
  • H O A Amount: $550
  • H O A One Frequency: Annual
  • H O A One Name: Edgewater Owners Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

120 Spinnaker Cir has no associated ownership info
120 Spinnaker Cir has no associated ownership info.

Taxes

120 Spinnaker Cir has 10 associated Taxes items

120 Spinnaker Cir, Madison, AL pays taxes in Madison County, AL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $100,840. The APN we've located for 120 Spinnaker Cir is 16-05-22-0-002-009.000.

Unlock the full report
Taxes
  • Assessed Value:  $100,840
  • Assessed Year:  2025
  • Assessed County:  Madison
  • APN:  16-05-22-0-002-009.000
  • Assessed Land Value:  8000
  • Market Land Value:  40000
  • Tax Amount:  3524.36
  • Tax Year:  2025
  • Market Value:  504200
  • Market Year:  2025

Tax History

120 Spinnaker Cir has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $100,840 Land Value $8,000 Improvement Value $92,840 Tax Amount $3,524.36 Change Rate Assessed CR Tax Rate +0.03495%
Year 2024 Assessed Value $36,200 Land Value $4,000 Improvement Value $32,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $36,200 Land Value $4,000 Improvement Value $32,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $32,880 Land Value $4,000 Improvement Value $28,880 Tax Amount $2,247.16 Change Rate +0.126859% Assessed CR Tax Rate +0.068344%
Year 2021 Assessed Value $29,240 Land Value $4,000 Improvement Value $25,240 Tax Amount $1,994.18 Change Rate +0.092109% Assessed CR Tax Rate +0.0682%
Year 2020 Assessed Value $26,820 Land Value $4,000 Improvement Value $22,820 Tax Amount $1,825.99 Change Rate +0.213968% Assessed CR Tax Rate +0.068083%
Year 2019 Assessed Value $26,820 Land Value $4,000 Improvement Value $22,820 Tax Amount $1,504.15 Change Rate +0.012384% Assessed CR Tax Rate +0.056083%
Year 2018 Assessed Value $26,500 Land Value Improvement Value Tax Amount $1,485.75 Change Rate Assessed CR Tax Rate +0.056066%
Year 2017 Assessed Value $26,500 Land Value Improvement Value Tax Amount $1,485.75 Change Rate +0.109183% Assessed CR Tax Rate +0.056066%
Year 2016 Assessed Value $26,500 Land Value Improvement Value Tax Amount $1,339.5 Change Rate Assessed CR Tax Rate +0.050547%
Year 2015 Assessed Value $26,500 Land Value Improvement Value Tax Amount $1,339.5 Change Rate -0.041736% Assessed CR Tax Rate +0.050547%
Year 2014 Assessed Value $27,840 Land Value Improvement Value Tax Amount $1,397.84 Change Rate Assessed CR Tax Rate +0.05021%